Financial Training for Non Finance Managers

Finance Training for the Non Financial manager The subject and language of Finance are often viewed as difficult and bewildering especially to those Managers not schooled in the dark art of accountancy. They need not be. Why it is Important to Understand Finance It is imperative to understand the subject and language of Finance if Managers are to communicate with authority within a business. After all, Finance is the language used in the board room. Without a grasp of some basic Financial concepts, it can be easy to take what appears to be a wise decision, but one that nevertheless is ill informed and one that adversely affects the Financial health of the business. These unintentional own goals happen every day in every business and at every level. Own goals are usually career limiting. Those not comfortable with Finance and the appropriate use of its language invariably find themselves struggling to operate as effectively as they could. In contrast, those that do: x Are better able to focus on what is important x Succeed in making and taking better informed decisions x Are more effective x Operate with more authority x Get promoted faster and more often Whilst Finance is not rocket science, it is nevertheless a challenge for many Managers especially those who perceive themselves not to be good at maths.

Finance Training for the Non Financial Manager 01565 653330 PHS Management Training © 2012. Page 1 of 15 http://www.training-management.info/ 1 The subject and language of finance are often viewed as difficult and bewildering

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